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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (880)	10/14/1998 9:36:00 PM
From: porcupine --''''>	of 1722

I.B.M. and RealNetworks in Joint Venture By BLOOMBERG NEWS ARMONK -- The International Business Machines Corporation and RealNetworks Inc. announced a venture to integrate audio and video into e-mail and other Internet software as I.B.M. tries to gain an edge on the Microsoft Corporation. The companies will combine I.B.M.'s Lotus Notes and Domino products, software that allows people in different locations to work together on projects and conduct meetings, with RealNetworks' Realsystem G2 audio and video technology. The resulting products are expected to be used by companies for presentations and training. Lotus Development, a division of I.B.M., and Microsoft are battling for dominance of sales of software that allows workers to collaborate on line, the so-called groupware market. The International Data Corporation recently reported that Microsoft had overtaken Lotus in sales for the first time in the first half of this year, though Lotus still has more users. It said Microsoft sold 5.6 million packages of its Exchange product while Lotus sold 5.3 million copies of Lotus Notes. I.B.M. will include products of Seattle-based RealNetworks in the next version of Lotus Notes 4.6 and Lotus 5 in the first quarter of next year, Lotus said. Microsoft, which owns a minority stake in RealNetworks, has no plans to announce a similar agreement, according to RealNetworks. Copyright 1998 The New York Times Company

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